Argus lowered the firm’s price target on Carnival to $20 from $23 but keeps a Buy rating on the shares. The firm has a “favorable view” of the company’s increased marketing spending, which should help to boost revenue, the analyst tells investors in a research note. Carnival is also making its fleet more efficient, Argus added.
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- Notable open interest changes for March 28th
- Carnival price target lowered to $25 from $26 at Stifel
- Carnival price target raised to $23 from $22 at JPMorgan